Midday update for Silver 24-09-2020

Economies.com
2020-09-24 09:47AM UTC

Silver price tests 22.13 level that turns into key resistance after breaking it previously, noting that the price needs to hold below this level to keep the bearish trend scenario valid for today, as breaching it will push the price to test the most important resistance at 23.60 before any new attempt to decline, while the next target of the expected bearish wave is located at 20.31.

 

The expected trading range for today is between 21.00 support and 23.00 resistance.

 

The expected trend for today: Bearish

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